when was procter and gamble mission statement 2018

Table of Contents

1. Introduction to Procter & Gamble

2. The Evolution of Procter & Gamble's Mission Statement

3. The 2018 Procter & Gamble Mission Statement

4. Analysis of the 2018 Procter & Gamble Mission Statement

5. Impact of the 2018 Procter & Gamble Mission Statement

6. Conclusion

1. Introduction to Procter & Gamble

Procter & Gamble (P&G) is an American multinational consumer goods corporation founded in 1837 by William Procter and James Gamble. Headquartered in Cincinnati, Ohio, P&G operates in over 70 countries and employs approximately 95,000 people worldwide. The company is known for its wide range of brands, including Tide, Pampers, Gillette, and Crest, among others.

2. The Evolution of Procter & Gamble's Mission Statement

Over the years, P&G has undergone several transformations in its mission statement. Initially, the company focused on producing high-quality soaps and candles. However, as the business expanded, the mission statement evolved to encompass a broader scope of products and services.

3. The 2018 Procter & Gamble Mission Statement

In 2018, P&G's mission statement was revised to read: "We believe in a world where life is good and beautiful. We believe in a world where life is good and beautiful. We are committed to providing the world's best products to improve the lives of the world's consumers. We are committed to delivering value to our consumers, customers, shareholders, and employees, and to contributing to a sustainable future for all."

4. Analysis of the 2018 Procter & Gamble Mission Statement

The 2018 P&G mission statement reflects the company's dedication to creating a positive impact on the world. Here are some key points to consider:

a. Focus on consumer well-being: The statement emphasizes the importance of improving the lives of consumers through its products.

b. Commitment to quality: P&G promises to provide the world's best products, indicating its commitment to excellence.

c. Value creation: The mission highlights the company's dedication to delivering value to various stakeholders, including consumers, customers, shareholders, and employees.

d. Sustainability: The statement acknowledges the company's responsibility to contribute to a sustainable future for all.

5. Impact of the 2018 Procter & Gamble Mission Statement

The 2018 P&G mission statement has had several positive impacts on the company:

a. Brand image: The mission statement has helped to reinforce P&G's image as a responsible and consumer-centric company.

b. Employee engagement: The statement serves as a guiding principle for employees, fostering a sense of purpose and alignment within the organization.

c. Stakeholder satisfaction: By emphasizing value creation and sustainability, the mission statement has helped to improve stakeholder satisfaction.

d. Product innovation: The commitment to providing the world's best products has driven P&G to invest in research and development, leading to innovative new products.

6. Conclusion

The 2018 Procter & Gamble mission statement reflects the company's dedication to creating a positive impact on the world. By focusing on consumer well-being, quality, value creation, and sustainability, P&G has been able to enhance its brand image, engage its employees, and satisfy its stakeholders.

Questions and Answers:

1. Q: When was Procter & Gamble founded?

A: Procter & Gamble was founded in 1837.

2. Q: Where is Procter & Gamble headquarters located?

A: P&G headquarters is located in Cincinnati, Ohio.

3. Q: How many countries does Procter & Gamble operate in?

A: P&G operates in over 70 countries.

4. Q: What are some of Procter & Gamble's well-known brands?

A: Some of Procter & Gamble's well-known brands include Tide, Pampers, Gillette, and Crest.

5. Q: What was the main focus of Procter & Gamble's mission statement in the early years?

A: In the early years, Procter & Gamble's mission statement focused on producing high-quality soaps and candles.

6. Q: How has Procter & Gamble's mission statement evolved over the years?

A: Procter & Gamble's mission statement has evolved to encompass a broader scope of products and services, reflecting the company's growth and expansion.

7. Q: What is the main focus of the 2018 Procter & Gamble mission statement?

A: The 2018 Procter & Gamble mission statement focuses on improving the lives of consumers through its products, delivering value to stakeholders, and contributing to a sustainable future.

8. Q: How does the 2018 Procter & Gamble mission statement impact the company?

A: The 2018 Procter & Gamble mission statement has several positive impacts, including enhancing brand image, engaging employees, and satisfying stakeholders.

9. Q: How has the commitment to providing the world's best products influenced P&G's product innovation?

A: The commitment to providing the world's best products has driven P&G to invest in research and development, leading to innovative new products.

10. Q: What is the ultimate goal of Procter & Gamble's mission statement?

A: The ultimate goal of Procter & Gamble's mission statement is to create a positive impact on the world by improving the lives of consumers, delivering value to stakeholders, and contributing to a sustainable future.